Mexico 1785-Mo FM 8 escudos

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Heritage sale 3041, lot 31262
Mexico H3041-31262r.jpg

This specimen was lot 31262 in Heritage sale 3041 (Chicago, August 2015), where it sold for $1,527.50. The catalog description[1] noted, "Charles III gold 8 Escudos 1785 Mo-FM AU53 NGC, Mexico City mint. Attractive for the designation with partially lustrous surfaces and the expected handling marks, yet weakly struck in the centers as often seen on this issue. Very scarce in this unflawed and pleasant quality. From The Rudman Collection of Mexican Coins." All Mexican colonial gold may be considered scarce. This type, the third showing the bust of Charles III, was struck 1773-88 and is the first type that can be considered reasonably available. This type comes in two varieties; "inverted mintmark" (shown here) and "upright mintmark". The inverted mintmark variety prevailed 1773-1788; the upright mintmark appeared 1772-73 and 1788 only. This marks the first date of the fineness being lowered from .910 to .875 gold.

Recorded mintage: unknown.

Specification: 27.07 g, .875 fine gold, .761 troy oz AGW.

Catalog reference: Cayón-12970, KM 156.2a, Onza-784.

Source:

  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.
  • Cayón, Adolfo, Clemente Cayón and Juan Cayón, Las Monedas Españolas, del Tremis al Euro: del 411 a Nuestros Dias, 2 volumes, Madrid: Cayón-Jano S.L., 2005.
  • Calicó, Xavier, Numismática Española: Catálogo General con Precios de Todas las Monedas Españolas Acuñadas desde Los Reyes Católicos Hasta Juan Carlos I, 1474 a 2001, Barcelona: Aureo & Calicó, 2008.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.

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